1335 S Fountain Allentown City, PA 18103
Listing Courtesy of: LEHIGH VALLEY ASSOCIATION OF REALTORS / Better HomeS&Gardens Re Valley

  1335 S Fountain Allentown City, PA 18103

Active (3 Days)
$324,900
4
BED
2
BATH

Description

Great opportunity to own a well-maintained 2-unit investment property in the desirable Park Terrace subdivision on Allentown’s South Side. This building features two spacious 2-bedroom, 1-bath units—each with its own washer and dryer, separate electric heat, and private entrances. The first-floor unit offers easy access and a practical layout, while the second-floor unit enjoys a private balcony—perfect for relaxing or entertaining. With two dedicated off-street parking spots, this property provides convenience for tenants and owners alike.
Whether you're looking to expand your portfolio or begin your investment journey, this turnkey property can deliver great income with a projected cap rate of 6.4%. Tenants pay their own electric, keeping operating expenses low. Located minutes from parks, shops, schools, and major roadways, this property offers strong rental appeal in a high-demand area. Don’t miss your chance to invest in a solid, income-generating asset in the heart of Allentown.

MLS #:
759319
Taxes
$4,971
Type
Multifamily
Year Built
1984
School District
Allentown
County
Lehigh County
Community
Parkway Terrace

Listed By

Eric Rothenberger, Coldwell Banker Hearthside
Source
LEHIGH VALLEY ASSOCIATION OF REALTORS
Last checked Jun 15 2025 at 10:45 AM EDT
Bathroom Details
  • Full Bathrooms: 2
Interior Features
  • Balcony
Subdivision
  • Parkway Terrace
Heating and Cooling
  • Baseboard
  • Electric
  • Wall Unit(s)
Utility Information
  • Utilities: Cable Available, Water Source: Public
  • Sewer: Public Sewer
Parking
  • Driveway
  • Off Street
  • On Street
Location
   
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